When it comes to New York City real estate, you never know what is going to happen next. Even when a deal appears to be going through, somebody could swoop in at the last minute and change everything.
Silverstein Development Corp. is hoping to erect the highest tower yet in New York City. The only problem is that the development plans for this project aren’t quite in sync with the current zoning rules.
Real estate transactions in and around New York City have the potential to make major waves, thanks to a large sales price.
When it comes to the New York City real estate market, there is always something to keep an eye on. From residential developments to commercial construction, it is easy to see why the Big Apple is known as the city that never sleeps.
With the real estate market beginning to turnaround, it is safe to assume that new residential developments will be planned in the months to come. This holds true in many parts of the United States, including some of the biggest cities, such as New York.